Norwegian salmon prices halt their decline and rebound, market shows signs of stabilization.
Published 2025년 10월 20일
Tridge summary
According to multiple exporters and buyers, during the 42nd week of 2025 (mid-October), the farm-gate purchase price generally increased by about 2 Norwegian kroner per kilogram compared to the previous week. Currently, the price for 3–4 kg salmon is NOK 68–69/kg, for 4–5 kg it is NOK 70–71/kg, for 5–6 kg it is NOK 71–72/kg, and for sizes above 6 kg, the price has risen to NOK 74/kg, showing a noticeable recovery compared to the previous week.
An exporter stated that the market has gradually returned to rationality from the previous chaotic price chasing: "At the current price level, both buyers and sellers can make a profit, and the overall atmosphere is much more stable than last week." However, he also pointed out that this week there is a relatively large supply of 5–6 kg salmon, and some processing plants are more inclined to purchase medium-sized fish because large-sized salmon require additional trimming of the fish belly, which increases the proportion of by-products.
Another farmer believes that although the recent price increase is limited, it already shows a warming of market confidence. "Currently, the 3–6 kg sizes are generally stable in the range of NOK 70–73/kg, which is about 2–3 kroner higher than last week. If this level can be maintained, a moderate price increase may continue in the future."
Industry analysis suggests that the current price rebound is mainly due to the digestion of previous inventory and the need to replenish orders. With the approaching festive season in Northern Europe, the end-of-year consumer boom may further boost salmon prices. However, most people also remind that the supply side remains sufficient, and if the subsequent output continues to be high, the upward space for prices will still be limited.
Overall, after several weeks of pressure, the Norwegian salmon market is moving from "quantity pressure on price" to "stable with potential for increase," and a new round of price cycles may have quietly begun.
An exporter stated that the market has gradually returned to rationality from the previous chaotic price chasing: "At the current price level, both buyers and sellers can make a profit, and the overall atmosphere is much more stable than last week." However, he also pointed out that this week there is a relatively large supply of 5–6 kg salmon, and some processing plants are more inclined to purchase medium-sized fish because large-sized salmon require additional trimming of the fish belly, which increases the proportion of by-products.
Another farmer believes that although the recent price increase is limited, it already shows a warming of market confidence. "Currently, the 3–6 kg sizes are generally stable in the range of NOK 70–73/kg, which is about 2–3 kroner higher than last week. If this level can be maintained, a moderate price increase may continue in the future."
Industry analysis suggests that the current price rebound is mainly due to the digestion of previous inventory and the need to replenish orders. With the approaching festive season in Northern Europe, the end-of-year consumer boom may further boost salmon prices. However, most people also remind that the supply side remains sufficient, and if the subsequent output continues to be high, the upward space for prices will still be limited.
Overall, after several weeks of pressure, the Norwegian salmon market is moving from "quantity pressure on price" to "stable with potential for increase," and a new round of price cycles may have quietly begun.
Original content
According to multiple exporters and buyers, during the 42nd week of 2025 (mid-October), the farm-gate purchase price generally increased by about 2 Norwegian kroner per kilogram compared to the previous week. Currently, the price for 3–4 kg salmon is NOK 68–69/kg, for 4–5 kg it is NOK 70–71/kg, for 5–6 kg it is NOK 71–72/kg, and for sizes above 6 kg, the price has risen to NOK 74/kg, showing a noticeable recovery compared to the previous week. An exporter stated that the market has gradually returned to rationality from the previous chaotic price chasing: "At the current price level, both buyers and sellers can make a profit, and the overall atmosphere is much more stable than last week." However, he also pointed out that this week there is a relatively large supply of 5–6 kg salmon, and some processing plants are more inclined to purchase medium-sized fish because large-sized salmon require additional trimming of the fish belly, which increases the proportion of by-products. ...
Source: Foodmate
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.